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SATO’s portfolio increased with nearly 1,000 rental apartments
Globenewswire·2025-07-04 06:00

Core Insights - SATO Corporation has expanded its housing stock by nearly 1,000 rental apartments through an agreement with the OP-Rental Yield Fund, which includes 16 residential properties in key Finnish cities [1][3] - The company now owns approximately 27,000 rental apartments, providing homes for around 46,000 residents in Finland's major growth centers [4][5] Company Strategy - The deal aligns with SATO's strategy of profitable growth and strengthens its position in the rental housing market in major growth centers [3] - SATO focuses on providing excellent customer experience and a comprehensive range of urban rental housing options with good access to public transport and essential services [6] Property Details - The newly acquired homes are primarily located in apartment buildings, with only a few in terraced houses, and are situated in locations that fit SATO's strategic goals [3] - The rental agreements for the new residents will remain unchanged, ensuring continuity for those moving into the new properties [1] Company Background - SATO Corporation is one of Finland's largest rental housing providers, celebrating its 85th anniversary in 2025 [6] - The company promotes sustainable development and engages in open interaction with stakeholders, focusing on long-term investments and asset value enhancement [6]